- India: in the framework of its privatisation programme, launched in 1991, the Indian Government has sold part of the capital of two large State-owned companies. It has thus sold 25% of the telecommunications operator VSNL - VIDESH SANCHAR NIGAM LTD, which has the monopoly over international calls, to TATA for 15 bn rupees (350 million euro). Whereas IOC - INDIAN OIL CORPORATION has taken a third in IBP, a distributor of oil products, for 11.5 bn rupees. Since 1991, only three companies...